During the morning of March
26th, Spink London began two days of auctions devoted to
Ancient, British and Foreign Coins and Commemorative Medals.
Opening with the 'Khalifa'
Collection of Islamic coins, the auction room showcased a selection
of fresh and unusual material that is rarely offered in the western
Islamic coin market.
Formed over many years by a
dedicated collector, buyers online, on telephone, absentee bidders
as well as bidders present in the auction room witnessed hundreds
of rare and unique coins from lesser known Islamic Dynasties go
under the hammer.
Spink Coin Specialist Barbara Mears
described the auction as "challenging and exciting" and how it was
"a great opportunity for dedicated collectors of Islamic coins to
add some truly unique items to their collection"
A highlight of the sale was an
unconventional rarity, lot 71, an Abbasid mule. This coin unusually
has two obverses, one naming al-Mustarshid (1118 - 35) and another
naming al-Muqtafi (1136-60) who were the consecutive Abbasid
Caliphs/Head of State in Baghdad.
Perhaps owing its appearance to an
error at the Mint, or possibly a deliberate presentation piece,
only one other coin of this type is known. This very rare coin
realised a price of £2,880, almost doubling its previous
PRICE REALISED - £2,880
Similarly, lot 72 also surpassed
the expected estimate by double. Another Abbasid mule, this time
inscribed with al-Mustadi and dated 1170-1180.
This coin was struck during the
Golden Age of Islam, when the Abbasid dynasty governed the Capital
of Baghdad, converting it into a centre of science, culture,
philosophy and invention. Reaching a realised price of £2,760, the
rare coin encompasses the era which this collection
PRICE REALISED - £2,760
The star item of the Khalifa
Collection was lot 298, a gold Ashrafi from the Persian Afsharid
Dynasty. This coin was minted in Tiflis (now the Georgian capital
Tbilisi) during the reign of Nadir Shah (1736-47), which perfectly
demonstrates the extent and outreach of Shah's empire.
With interest from both American
and Russian collectors, the extremely rare coin achieved a
magnificent £3,840 which became the highest earning item of the
PRICE REALISED - £3,840
The 'Khalifa' Collection was well
received by dealers and collectors alike and in many cases it
With bids coming in from around the
world and a lot of interest from Spink Live, it collaboratively
helped reach the total sale of 274 lots, with the most selling
within or above estimate, demonstrating Spink's well regarded
position within the Islamic coin market.
Spink is the
world's leading auctioneer of stamps, coins, banknotes, medals,
bonds & shares, autographs, books and wine. Since
its foundation in 1666, the Spink name has become synonymous with
tradition, experience and integrity. Holder of royal warrants and
numerous records for prices achieved at auction, Spink offers an
unparalleled range of services to collectors worldwide. Spink
is headquartered in London and holds over 70 auctions a year around
the globe. All catalogues are available on our website
and through our Spink App for iPhone and iPad.
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